Do what you`re good at

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by | March 23, 2016 · 10:00 am

Lack of Money

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by | March 22, 2016 · 10:00 am

The most precious things in life

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by | March 21, 2016 · 10:00 am

Donald Trump is flying high

Donald Trump is a rich man and there is no doubt that Trump has done a great job. That being said, he didn`t build his empire from zero. He is born in a rich family and went from rich to even richer.

Donald John Trump who is from Queens in New York City, is a son of real estate developer Fred Trump. He joined his father’s company in 1971 and changed the name from Elizabeth Trump & Son to «The Trump Organisation».

Donald Trump is the man behind Trump Tower, a 58-story, mixed-use skyscraper in Manhattan. He is also the man behind Trump Taj Mahal, which is a casino in Atlantic City. He is the owner of The Trump Organization which owns, operates, develops, and invests in real estate around the world.

 

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Trumps hotel and casino businesses have declared bankruptcy five times between 1991 and 2014. The reason for the first four bankruptcies were over-leveraged hotel and casino businesses in Atlanta City: Trumps Taj Mahal, Trump Plaza Hotel, Trump Hotels and Casino Resorts, and Trump Entertainment Resorts.

According to a report by Forbes in 2011, Trump said: “Ive used the laws of this country to pare debt...... Well have the company. Well throw it into a chapter. Well negotiate with the banks. Well make a fantastic deal. You know, its like on The Apprentice. Its not personal. Its just business.” He indicated that other «great entrepreneurs» do the same.

In his campaigns, Donald Trump often talks about negotiations and how to do business. Trump had problems because he had too much debt. So is it in the The United States. The U.S debt is the largest in the world right now. Nearly $20 trillion.

If Donald Trump solved the debt problems in his own companies, will it be easy for him to solve America`s debt too? People vote for him and belive he can handle the economy, taxes and create jobs better than Hillary Clinton. Simply because he is a businessman and not a politicians.

He said: «We owe $19 trillion. Boy, am I good at solving debt problems. Nobody can solve it like me.»

Debt-based growth must come to an end, and sometimes it goes terribly wrong. Not only for private persons and corporations, but also for country`s. Donald Trump had too much debt, but he negotiated and survived.

Some countries have debt greater than their entire annual economic output, which is more than 100% of their GDP. Those countries are in danger of default, just like Iceland in 2008. Japan is the worst example with 229,20% debt. Greece are in trouble with 179% debt-to-GDP.

The United States has a debt-to-GDP ratio of 102,98%. The private debt is nearly $14 trillion larger than any other single country. If the U.S defaulted on its debt, it would bring the global economy down to its knees. In comparison, the U.S debt in 1945 (end of World War II) peaked at 113%.

Ronald Reagan became the 40th president of the United States in 1980, and he declared «debt» to be one of his major campaign issues.

 

Reagan

 

In 1981 he said: «For decades, we have piled deficit upon deficit, mortgaging our future and our children`s future for the temporary convenience of the present….. You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we are not bound by that same limitation?»

Between 1980 and 1990, the debt more than tripled as the government borrowed money to fund military build-ups and many elaborate new policies, such as «the war on drugs.» Americans began relying more and more on credit cards and jumbo mortgages, and being «in debt» became a new way of life in America.

Debt-to-GDP rose under Ronald Reagan, when the U.S fell into a particularly nasty recession, set off by the Federal Reserve under Paul Volcker, who raised interest rates to record heights in order to defeat inflation.

The Federal Reserve left the target range for its federal funds rate unchanged at 0,25% to 0,50% for the second time during the meeting held on March 16th 2016. That`s low right.

36 year ago, on March of 1980, the interest rate reached an all time high of 20%!

Government receipts flattened thanks in part to the large, permanent tax cuts that served as one of the top accomplishments of President Ronald Reagan`s first term. Spending jumped on both defense and social programs, and deficit exploded.

 

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President Obama talked about his visions during his election. One of his cases was Guantanamo bay. He wanted to close it, but its still open. He still have ten months left, but it seems like a Republican-led Congress will do anything to help bring Obamas 2008 campaign promise to fruition.

Many of Trumps ides sounds very expensive, and sometimes it will be difficult for him to get any support because he wont have a free pass from Congress, even if it remains under the control of the Republican party.

Trump`s immigration plans was not a popular decision and may have cost him a lot of business deals, but it might cost the Unites States much more, while Immigration is an enormous source of economic vitality.

The Census Bureau estimates the US population will grow to 397 million in 2050 with immigration, but only to 328 million with no immigration. One of the biggest challenges in the future will be demand based on accelerating retirement of the baby boomers.

Like in Europe, immigration can therefore be the solution. It`s not a crisis, but an opportunity.

Donald Trump floated the idea of running for president in 1988, 2004 and 2012, and for Governor of New York in 2006 and 2014, but did not enter those races. Trump is pro-active and there is no doubt that he wan`t to reach the top. This is a big thinker.

Despite a lot of anti-Trump ads, he is at the top of the Republican party, but betting odds for the next U.S President is pretty clear: 70 – 30 in favour of Hillary Clinton.

 

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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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The assassination of Julius Caesar and “the ides of March”

Today, On March 15, 44 BC, the founder of the Roman Republic and the rise of Roman Empire, Julius Caesar was assassinated and killed by members of the Roman Senate. The world`s most famous political murders.

Caesars second heir were among the assassins. There were totally as many as sixty assassins. Caesar was stabbed twenty-three times and died at the base of Pompeys statue, but the assassins made a big mistake.

They didnt know what to do after Caesars death.

 

Caesar

 

They didnt have a plan, so they mistakenly allowed Marcus Antonius (Mark Antonio), who was Caesars cousin and right-hand man, to live. Caesar`s death is a key moment in history. It all resulted in a cycle of civil wars, which resulted in one of the most significant constitutional transformations in history.

They went from a republican system of government and became an empire. Supporters of the Republic point to how it threw off the tyrannical king Tarquin the Proud and introduced elements of democracy.

It became popular also in Italy, France, Spain, Greece, Macedonia, Syria, Libya, Egypt, Turkey and Tunisia.

Julius Caesar was born 12 July 100 BCE. His father was a Praetor who governed the province of Asia and his mother was of noble birth. Both held to the popular ideology of Rome which favored democratization of government and more rights for the lower class as opposed to the optimates factions` claim of the superiority of the nobility and tradition Roman values which favored the upper classes.

It should be understood that the Optimate and the Populare were not political parties in conflict with each other but, rather, political ideologies which many people shifted toward and from, regardless of class in society.

The concept of appealing to the people for support, rather than seeking approval from the Roman Senate or the other Patricians, would work well for Caesar later in life.

 

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Gaius Julius Caesar was Roman statesman, general, and notable author of Latin Prose. Caesar was extremely talented in many ways which is very unusual. He was a military colossus, compelling writer, original thinker, magnetic orator, dynamic reformer and magnanimous politician.

He was also narcissistic, manipulative, egotistical, sexual predatory, shockingly savage in war even by Roman standards, and monomaniacal obsessed with acquiring absolute power for himself. Caesar is considered by many historians to be one of the greatest military commanders in history.

Thanks to William Shakespeare, «Beware the ides of March» means that people always remember March 15.

In 60 BC, Caesar, Crassus and Pompey formed a political alliance that dominated Roman politics for several years. Their attempts to amass power through populist tactics were opposed by the conservative ruling class within the Roman Senate.

Caesars victories in the Gallic Wars, completed by 51 BC, extended Romes territory to the English Channel and Rhine. Caesar became the first Roman general to cross both when he built a bridge across the Rhine and conducted the first invasion of Britain.

These achievement granted him unmatched military power and threatened to eclipse the standing of Pompey, who had realigned himself with the Senate after the death of Crassus in 53 BC. With the Gallic Wars concluded, the Senate ordered Caesar to step down from his military command and return to Rome.

Caesar refuse the order, and instead marked his defiance in 49 BC by crossing the Rubicon with a legion, leaving his province and illegally entering Roman Italy under arms. Civil war resulted, and Caesar`s victory in the war put him in an unrivaled position of power and influence.

After assuming control of government, Caesar began a programme of social and governmental reforms, including the creation of the Julian Calendar. He centralised the bureaucracy of the Republic and was eventually proclaimed «dictator in perpetuity», giving him additional authority.

 

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But underlying political conflicts had not been resolved, and on the Ides of March (15 March) 44 BC, Caesar was assassinated by a group of rebellious senators.

A new civil war broke out, and the constitutional government of the Republic was never fully restored. Caesar`s adoped heir Octavian, later known as Augustus, rose to sole power after defeating his opponents in the civil war. Octavian set about solidifying his power, and the era of the Roman Empire began.

Rome finally became an empire at the end of the 1st century BC, under Augustus and his authoritarian successors. The Roman Empire had its centre in the Mediterranean, controlling all the countries on its shores; the northern border was marked by the Rhine and Danube rivers.

The Empire reached its maximum expansion, controlling approximately 5,900,000 km2 of land surface, including Britain, Romania and parts of Mesopotamia, Pax Romana, a period of peace, civilisation and an efficient centralised government in the subject territories ended in the 3rd century, when a series of civil wars undermined Rome`s economic and social strength.

The Roman Empire had been repeatedly attacked by invading armies from Northern Europe and in 476, Rome finally fell.

British historian Edward Gibbon argued in «The History of the Decline and Fall of the Roman Empire» (1776) that the Romans had become decadent, they had lost civic virtue.

Glen W. Bowersock has remarked, «we have been obsessed with the fall: it has been valued as an archetype for every perceived decline, and, hence, as a symbol for our own fears.» It remains one of the greatest historical questions, and has a tradition rich in scholarly interest.

Over time many theories have been proposed on why the Empire fell, or whether indeed it fell at all.

I love The United States, but what I love is the Republic. Not the Empire. Some empires are planned, some are not, and empires created on purpose, such as Napoleonic France and Nazi Germany, have rarely lasted.

After World War II (1945), The United States became an empire. All Empire`s are a part of an evolution.

What`s the next step?

 

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Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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